EU: Entered long at after a nice volatile move north. Not sure that it will hold without filling 1.40 orders first... anyway, it's a free ride as I am currently @+40 pips and SL=BE.
Market will tell
Market will tell
Hi Nomask and crew,
in this case I was aware of engulfing bearish weekly comparing to small pinbar on major line ... just my sight
... but of course if you follow your rules and low risk entry, then keep triyng
lot of pips guys)
This candle is the nastiest thing I have ever saw. This what I call big time indecision. I think we all get a free week off from this pair to see if it goes one way or another. I still have my short open and will not close it until I am stopped out. USD/JPY has not been a good one either(too many false breaks), but I think it really wants to explode north. Let us look this weekend to pick out potential moves. take care guys/gals
I dont want to tell people how to suck eggs but I dont think it would hurt you guys to scroll out a little further on your higher time frame charts. I trade major lines also and this one was a no brainer. Correct me if I am wrong but none of you guys seem to have it.
but it doesn't explain the fact why price tested that line three times or why it just did not continue moving up right after its initial test.
or did it really come back to test the trend line or 1.4 major level?...
its all based on personal interpretation..and all good as long as it makes you money
- #1,310
- Edited 7:17am Jun 21, 2011 7:07am | Edited 7:17am
congratz on that my friend..very good job..this thing should have no trouble to move up.
Still lot of ground to cover, namely on acquiring the right mindset, but I am now overtrading less and less!... and watching the thing go your way almost at each entry is a real boost at one's confidence!
Thanks to you, Nomask!
